Natural Disasters Drive £1 Billion (US$1.3 Billion) Loss at Lloyd’s During 2018 March 27, 2019 By L.S. Howard Lloyd’s of London reported a £1 billion (US$ 1.3 billion) loss for 2018, attributed to an above-average number of major...
Burand’s State of the P/C Insurance Industry 2018: Pricing Cycle Effects on Agents May 29, 2018 By Chris Burand The property & casualty insurance and group benefits industry is changing faster than ever, or at least faster than any...
Natural Catastrophe Claims in 2017 Reached a Record $135B: Munich Re January 4, 2018 By L.S. Howard The insurance industry will pay record claims of US$135 billion from last year’s spate of natural catastrophes, according to a...
The Fine Art of Underwriting Through Soft & Slightly Harder Market Cycles January 3, 2018 By L.S. Howard Twenty or so years ago, a London market marine underwriter declared he was going golfing one afternoon because he had...
Property Reinsurance Rates Rise Less Than Expected in Jan. 1 Renewals January 2, 2018 Global property reinsurance prices have risen less than expected in the key Jan. 1 renewal season, with strong competition limiting...